Just a quick thought before we go into some down time for the weekend. (Forex hours are great, don't you think?)

Its tough to really get a read on what is going on...(Thus, trust the forecasts.) I always struggle giving my opinion or thoughts as I don't want to influence your trading decision. However many of you have given me the honour of guiding you through this journey and I really do appreciate the opportunity to help anyone who needs it. No hidden agenda here. Just my belief that if we are all sucessfull then life is good. What other venture can you throw away any competetive politics.

So, if you have made it this far, this is what I am thinking. The Canadian dollar (our friend the loonie), BTW I am Canadian (hope that does not bother anyone!) actually hit parity with the US dollar today. The Euro is trading above 1.4071 as we speak. Yet my canary in the cage (GBP/JPY) is stuck in a sideways trough. And I am really wondering why. I really feel that it should be down around 220.00, but the usd/jpy and gbp/usd are hanging on by the skin of their teeth.

This is what's obvious..the US is taking a kicking right now. Back in the late winter early spring the US could do no wrong, even with negative news coming out. Yet this time around , every opportunity to kick while they are down is happenning. The Saudis , who [peg their currency to the US) have basically said "hey, we are not going to lower interest rates" and are thinking of other ways to peg the currency.

So maybe we are in one of the "once in a lifetime" maybe twice, situations where we are in for a new world order. Something is telling me, (and I have subscribers from all corners of the earth) that a change is in the air. And what better place to be than in a "non-traditional" market place like the Forex. We can position ourselves to benefit from any thing the world has to throw at us.

So keep your senses active and lets make the best of this opportunity that lays at our feet. Feel free to let fellow subscriber know through the blog what the sentiment is in their country. For instance, in some forums that I visit they were pooh pooohing the Canadian dollar ever being at par with the US. However , as I live here, I know that we have a booming economy, are the leading provider of oil to the US , have a strong Real Estate Market, and low unemployment. If they only new!

So those are my thoughts for now. We are having a great run with the Forecasts. Don't get greedy and trade safe.

Take Care and Enjoy the Weekend